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Airline O-D control using network displacement concepts

Research and Teaching Output of the MIT Community

Show simple item record Wei, Yuanyuan en_US
dc.contributor.other Massachusetts Institute of Technology. Flight Transportation Laboratory en_US 2012-01-06T22:46:42Z 2012-01-06T22:46:42Z 1996 en_US
dc.identifier 663475202 en_US
dc.description Cover title en_US
dc.description Includes bibliographical references (p. 120) en_US
dc.description.abstract In the airline industry, it is customary for carriers to offer a wide range of fares for any given seat in the same cabin on the same flight. In order to maximize the total network revenue, the airline practices so-called seat inventory control methods. In this thesis, we first examine several seat inventory control methods which are employed or are being developed by some airlines. Then, based on these methods, we propose three new models to control the seats: the Network Non-greedy Heuristic Bid Price model, the Leg Based Probability Non-greedy Bid Price Model, and the Convergence Model. These models are created in order to find a better way to evaluate the connecting fares, taking into consideration their displacement impacts. An integrated optimization / booking simulation tool is employed in this research to compare the new models with the other methods in terms of network performance under the same demand circumstances. Generally, all the three new models improve network performance. The revenue results obtained from the simulation show that using network displacement concepts can provide us with an average of 0.5% revenue gain over the methods that do not explicitly include the displacement impacts at a load factor of 93%. The simulation results also show that under the same demand circumstance and seat control strategies, using a better way to evaluate the displacement impacts can provide 0.05% revenue improvement. en_US
dc.format.extent 139 p en_US
dc.publisher [Cambridge, Mass. : Massachusetts Institute of Technology], Flight Transportation Laboratory, [1996] en_US
dc.relation.ispartofseries FTL report (Massachusetts Institute of Technology. Flight Transportation Laboratory) ; R97-1 en_US
dc.subject Airlines en_US
dc.subject Airplanes en_US
dc.subject Management en_US
dc.subject Seats en_US
dc.subject Rates en_US
dc.title Airline O-D control using network displacement concepts en_US
dc.title.alternative Airline Origin-Destination control using network displacement concepts en_US
dc.type Technical Report en_US

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